Andrew McCormick, a former Fannie Mae executive, has been named to the newly created post of executive vice president and chief investment officer of Impac Mortgage Holdings Inc., Newport Beach, Calif.Mr. McCormick was previously senior vice president of portfolio transactions at Fannie Mae, Impac said. Before his tenure at Fannie Mae, he was a vice president of fixed-income securities at Morgan Stanley. Impac, a mortgage real estate investment trust, can be found online at http://www.impaccompanies.com.
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